“The greater the insight into the competition, the greater the competitive gap,” says Alina Wheeler. One must learn and understand this statement before starting to write a product competitive analysis. In all honesty, the process can be pretty tedious, repetitive, and tiresome. But if you want your business to stand far ahead of your competitors, it’s an obligatory effort. Provided below are a wide array of competitive analysis templates that you can use in the process. Consider exploring and downloading any of them to your advantage.
10+ Product Competitive Analysis Templates in Google Docs | PDF | Word | Pages
1. Product Competitive Analysis Template
Use this Product Competitive Analysis Template in identifying the strengths and weaknesses of your competitor’s products. You need to make a simple analysis of their products. From there, you’ll be able to upgrade yours so it can stand out from the rest of them. You can edit this template in Google Docs, MS Word, and Apple Pages. Don’t miss this chance out to download it right now!
2. Competitive Pricing Analysis Template
For you to be able to know and understand the pricing of your competitors, you need to make a good marketing analysis first. With the help of our Competitive Pricing Analysis Template, you’ll surely develop a strategy you need to rise above or relative to your competitors in the market. What are you still waiting for? Download this now!
3. Sample Competitive Analysis Template
Create a well laid-out competitive analysis through this Sample Competitive Analysis Template. This template can save yourself from the stress and the hassle of making a competitive analysis from scratch. By using Google Docs, MS Word, and Pages, you can now download and edit this document instantly. Secure a copy now!
5 Steps to Make a Product Competitive Analysis
Step 1: Research Top Competitor’s Products
There are other businesses out there that offer the same products as you. You can’t help it. Business is all about competition, so you need to learn to ride with it real hard. And you can start the process by identifying your top competitor’s products. Make a checklists example of their products and find out which ones are similar to yours. It makes a lot of difference when you know who are your competitors and what they offer.
Step 2: Use a Template
Start making your product competitive analysis with the help of our competitive analysis templates listed above. These templates are fully editable and printable. Inevitably, you’ll encounter no problem when you choose to edit it in your most preferred file formats. With these templates, analyzing your competitor’s product will never be this trouble and worry free.
Step 3: Start to Analyze
When you already have identified your top competitor’s products and have downloaded a template from our website, it’s time to start analyzing the data that you have gathered so far. Recognize their strengths and weaknesses. In doing so, you may conduct a SWOT analysis to accurately identify the potential threats and the possible aspects to improve.
Step 4: Recognize Possible Areas to Improve
One of the ultimate purposes of why you are doing this competitive analysis is to find viable areas to improve and develop the quality of your products. We want to know a place and an opportunity to go ahead, go beyond, and go limitless in our business. Indeed, your ability to research your competitors and to find a chance for you to grow and upgrade will bring you nothing but success.
Step 5: Scrutinize Your Competitor’s Social Media Channels
Another way to know your competitor’s products and processes is by scrutinizing their social media channels and websites sample like Facebook, Instagram, or Twitter. The use of these platforms provides the advantages and benefits to every business corporation. It projects control, power, and authority that reaches a much larger audience. And in order for you to catch a glimpse of their products, you need to conduct further research.
Step 6: Repeat & Update
All of these steps can help you plan and get ahead of your competitors. It also opens a new door to boost your products and even your business as a whole. Success is within reach, so long as you repeat these steps and use this to update your products from time to time.
4. Small Business Competitive Analysis Template
If you’re looking for a competitive analysis template that is perfect for your small business, this Small Business Competitive Analysis Template is what you need to get your hands on. It will only require a bit of your effort and time since the template already has original content and a preformatted layout. All you have to do is download the template now and edit it according to your business’s needs.
5. Marketing Competitive Analysis Template
The marketing industry has been significantly increasing. A lot of entrepreneurs put up their new business firms, and some of them might be selling the same products as yours. For you to avoid that and go beyond the monotonous products, use this Marketing Competitive Analysis Template today. Study your competitors and learn from them. Grab a copy of this template to get started!
6. Worksheet Industry & Competitive Forces Analysis Template
If you want your business to thrive and survive in this very competitive business industry, you need to develop a good marketing strategy. And you can start it now by downloading this Worksheet Industry & Competitive Forces Analysis Template. This analysis worksheet template does not simply save your valuable time, but it also provides the new insights you need to rise above your competitors. If interested, you may get a copy of this template now!
7. Competitive Analysis Template
The best way to upgrade or improve your products is by learning the process and techniques of other businesses. And a competitive analysis is vital to maintaining a competitive advantage. You may want to use this Competitive Analysis Template today to do that. Download now to start editing it in MS Word and Pages.
8. Worksheet Competitor Analysis Template
Stay one step ahead of your competitors with the help of this ready-made Worksheet Competitor Analysis Template. It will help you study your competitors and anticipate their possible steps. If you’re one of those business owners who aspire to go beyond what is just expected, then this template is what you need to download. Get a copy of this template in MS Word and Apple Pages today!
9. Free Competitive Analysis Template
Free templates are rare opportunities, but we made this one possible and available for you. Download our Free Competitive Analysis Template to help you make a competitive analysis quickly and efficiently. You can personalize this template not only in Pages and MS Word but also in the Editable PDF. Grab a copy now!
10. Competitor Analysis Sample Template
This Competitor Analysis Sample Template can be of great help in gaining enough knowledge from your competitors’ SEO and PPC strategies. Get to create a competitor analysis now through this sample template. Download in a Portable Document Format (PDF)!
11. Competitive Analysis Sample Format
Are you looking for a competitive analysis sample format? Such a lucky day, indeed! This Competitive Analysis Sample Format is one of our competitive analysis templates that you can download anytime you want. You may customize and get a copy of this type of business analysis template in a Portable Document Format (PDF) right there and then. Make haste. Download now!